THE DRILL SERGEANT: Marenica Energy (ASX: MEY) has completed a Phase 3 reverse circulation (RC) drilling program to extend the width of the palaeochannel on the company’s Koppies tenement in Namibia, Africa. Marenica Energy reported the recent drilling had identified the Koppies 2 palaeochannel to be up to 1.2 kilometres wide, extending to now encompass […]
THE BOURSE WHISPERER: Renascor Resources (ASX: RNU) has received firm commitments to raise $1.4 million to fund the advancement of the company’s Siviour graphite project near the coast of South Australia’s Eyre Peninsula. Renascor Resources said the placement will be completed by the issue up of just over 125.7 million shares at 1.1 cents per […]
Gold Road Estimates New Wholly-Owned Yamarna Gold Resources THE DRILL SERGEANT: Gold Road Resources (ASX: GOR) reported the first 100 per cent company‐owned resource addition since it entered the Gruyere Joint Venture. Encounter Resources Identifies New Copper-Gold Drill Targets at Lamil THE DRILL SERGEANT: Encounter Resources (ASX: ENR) recently completed IP and AEM surveys […]
THE DRILL SERGEANT: Gold Road Resources (ASX: GOR) reported the first 100 per cent company‐owned resource addition since it entered the Gruyere Joint Venture. The Mineral Resource of 3.5 million tonnes at 2.62 grams per tonne gold for 297,600 ounces was estimated at the Gilmour and Renegade deposits, both 100 per cent-owned by Gold Road. […]
THE DRILL SERGEANT: Encounter Resources (ASX: ENR) recently completed IP and AEM surveys at the company’s 100 per cent-owned Lamil copper-gold project in the Paterson Province of Western Australia. Encounter Resources said the surveys had “highlighted compelling new targets” at the Lamil project. The Lamil project covers an area of around 61 square kilometres 25km […]
Musgrave Minerals Intersects High-Grade Link Lode at Break of Day THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) reported the intersection of high-grade gold in a ‘link’ position joining the two main gold lodes at the Break of Day deposit on the company’s Cue gold project in Western Australia. Carawine Resources Identifies New Victorian Porphyry […]
THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) reported the intersection of high-grade gold in a ‘link’ position joining the two main gold lodes at the Break of Day deposit on the company’s Cue gold project in Western Australia. Musgrave Minerals recently completed a six-hole RC drill program at Break of Day that extended the high-grade […]
THE DRILL SERGEANT: Carawine Resources (ASX: CWX) announced geophysical results from a detailed helicopter-borne magnetic and radiometric (heli-mag) geophysical survey completed at the company’s 100 per cent-owned Jamieson project in northeast Victoria, host to the Hill 800 and Rhyolite Creek prospects. Carawine Resources declared the survey as an “outstanding success”, saying that it has provided […]
THE BOURSE WHISPERER: Ausgold Limited (ASX: AUC) informed the market it has received binding commitments from institutional and sophisticated investors for a share placement to raise $2.376 million. Ausgold indicated it will also be conducting a Share Purchase Plan (SPP) to existing eligible shareholders. Under the Placement, the company will issue a total of 198 […]
THE DRILL SERGEANT: Alicanto Minerals (ASX: AQI) completed its maiden IP survey at the company’s Wolf Mountain copper-gold target area within the Bergslagen district of Southern Sweden. Alicanto Minerals said the survey identified multiple new, large-scale IP chargeability and resistivity anomalies it believes may correspond to both disseminated and semi-massive sulphide bodies. In line with […]
